- Bonuses and Promotions
After a strong decline on Friday and some correction the pair met resistance at area 1.13214-1.13397. Here are also defining movings. AO index is in negative zone below level of balance and line of support/resistance. Extension of way may lead us to a decline to monthly pivot 1.12597, after which occurs opportunity to reach point 1.12195. Development of correction and overcoming of resistance may lead to nearer target level 1.13765, after which opens a way to a point 1.14105.
Daily levels of support: 1.12597, 1.12195, 1.11827
Daily levels of resistance: 1.13214, 1.13397, 1.14105
Downside movement of the pair on Friday met a support at area 1.55016 (monthly pivot). AO index is in negative zone below level of balance and line of support/resistance. In case of continuation of downside way and after overcoming of support 1.55016 and defining movings, downside movement may be restricted by MA200 near 1.54570. Upside movement may lead to nearer point 1.56155, higher of which is area of resistance 1.56680-1.56767.
Daily levels of support: 1.55016, 1.54701, 1.54190
Daily levels of resistance: 1.55644, 1.56155, 1.56680
After decline on Friday the pair got impulse to a growth from area of support 119.013-119.205. At the given moment the price is in area of watershed 119.808-120.00. AO index is at the zero level between line of support/resistance and line of balance. It maintains to enter a positive zone. In case of continuation of upside movement, resistance may be an area of thickening of movings 120.13-120.36, above which we may target to 120.563. Higher is a key zone of resistance 120.874-120.948. Decline may target us to area of support 119.013-119.205.
Daily levels of support: 119.808, 119.205, 119.013
Daily levels of resistance: 120.000, 120.563, 120.874